AZAZ: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
AZAZ
Largest movements
- Tangible fixed assets -€9,864
down €9,864 (-19.2%), from €51,292 to €41,427
of which Plant, machinery and equipment: -€6,092
- Cash +€1,307
up €1,307 (+109.0%), from €1,199 to €2,506
mainly Depreciation (+€9,864) and Current portion of long-term debt (+€8,707)
- Receivables within one year -€812
down €812 (-28.1%), from €2,890 to €2,078
- Debts after one year -€18,939
down €18,939 (-93.1%), from €20,334 to €1,395
- Trade debts -€8,836
down €8,836 (-34.2%), from €25,858 to €17,022
- Current portion of long-term debt +€8,707
up €8,707 (+2305.5%), from €378 to €9,084
- Profit (loss) carried forward +€8,442
up €8,442 (+62.6%), from -€13,488 to -€5,047
- Tax, wage and social debts +€1,257
up €1,257 (+6.5%), from €19,400 to €20,656
- Turnover -€156,962
no longer reported in 2024 (was €156,962)
- Purchases and services -€143,461
no longer reported in 2024 (was €143,461)
- Gross operating margin +€21,958
up €21,958 (+162.6%), from €13,501 to €35,459
- Other operating charges +€8,345
up €8,345 (+104.9%), from €7,958 to €16,303
- Financial charges -€2,154
no longer reported in 2024 (was €2,154)
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €58,681 | €49,311 | -€9,370 | -16.0% |
| Fixed assets | 21/28 | €54,592 | €44,727 | -€9,864 | -18.1% |
| Tangible fixed assets | 22/27 | €51,292 | €41,427 | -€9,864 | -19.2% |
| Plant, machinery and equipment | 23 | €17,337 | €11,246 | -€6,092 | -35.1% |
| Furniture and vehicles | 24 | €2,454 | €2,182 | -€273 | -11.1% |
| Leasing and similar rights | 25 | €31,500 | €28,000 | -€3,500 | -11.1% |
| Financial fixed assets | 28 | €3,300 | €3,300 | = | 0.0% |
| Current assets | 29/58 | €4,089 | €4,584 | +€495 | +12.1% |
| Amounts receivable within one year | 40/41 | €2,890 | €2,078 | -€812 | -28.1% |
| Other amounts receivable | 41 | €2,890 | €2,078 | -€812 | -28.1% |
| Cash at bank and in hand | 54/58 | €1,199 | €2,506 | +€1,307 | +109.0% |
| Total equity and liabilities | 10/49 | €58,681 | €49,311 | -€9,370 | -16.0% |
| Equity | 10/15 | -€7,288 | €1,153 | +€8,442 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | - | -€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| Profit (loss) carried forward | 14 | -€13,488 | -€5,047 | +€8,442 | +62.6% |
| Amounts payable | 17/49 | €65,969 | €48,158 | -€17,811 | -27.0% |
| Amounts payable after more than one year | 17 | €20,334 | €1,395 | -€18,939 | -93.1% |
| Financial debts | 170/4 | €20,334 | €1,395 | -€18,939 | -93.1% |
| Amounts payable within one year | 42/48 | €45,635 | €46,763 | +€1,127 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €378 | €9,084 | +€8,707 | +2305.5% |
| Trade debts | 44 | €25,858 | €17,022 | -€8,836 | -34.2% |
| Suppliers | 440/4 | €25,858 | €17,022 | -€8,836 | -34.2% |
| Taxes, remuneration and social security | 45 | €19,400 | €20,656 | +€1,257 | +6.5% |
| Taxes | 450/3 | €19,400 | €20,656 | +€1,257 | +6.5% |
| Turnover | 70 | €156,962 | - | -€156,962 | |
| Goods, raw materials, services and sundry goods | 60/61 | €143,461 | - | -€143,461 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,593 | €9,864 | +€272 | +2.8% |
| Other operating charges | 640/8 | €7,958 | €16,303 | +€8,345 | +104.9% |
| Gross operating margin | 9900 | €13,501 | €35,459 | +€21,958 | +162.6% |
| Operating profit (loss) | 9901 | -€4,050 | €9,291 | +€13,341 | |
| Financial income | 75/76B | €31 | - | -€31 | |
| Recurring financial income | 75 | €31 | - | -€31 | |
| Financial charges | 65/66B | €2,154 | - | -€2,154 | |
| Recurring financial charges | 65 | €2,154 | - | -€2,154 | |
| Profit (loss) for the period before taxes | 9903 | -€6,173 | €9,291 | +€15,465 | |
| Income taxes | 67/77 | - | €850 | +€850 | |
| Profit (loss) for the period | 9904 | -€6,173 | €8,442 | +€14,615 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,173 | €8,442 | +€14,615 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.